fraud and criminal activity

Christiaan

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Hey guys I have a question, what happens when you lose money because of fraud and criminal activity ,not concerning a paticular broker but the general norm?Here is another question that is probaply a stupid one yet if you don't ask stupid questions how will you ever learn?That might be a stupid question

anyway do you get something like insurnace fraud?
 
sounds like you have a problem there. i've heard of fraud insurance, but insurance fraud? - sounds a biggie. you might want to try a legal forum. good luck to you
 
what happens when you lose money because of fraud and criminal activity ,not concerning a paticular broker but the general norm?

You would think it is obvious that would depend on the TYPE of fraud. GIve some examples...

What happened?
* Order execution without authorization?
* Just stealing money?
* Someone else using your access information?

That is part of what you can do then.
 
Your risk.

On top, as MOST of such things uses information stolen from the end users computer, most likely not only your risk, but also your fault. The broker is helpless if a hacker has your access information because you were too stupid to not have malware on your computer ;)
 
Organized crime or criminal organizations is a transnational grouping of highly centralized enterprises run by criminals for the purpose of engaging in illegal activity, most commonly for the purpose of generating a monetary profit. The Organized Crime Control Act (U.S., 1970) defines organized crime as "The unlawful activities of [...] a highly organized, disciplined association [...]".[1]

Mafia is a term used to describe a number of criminal organizations around the world. The first organization to bear the label was the Sicilian Mafia based in Italy, known to its members as Cosa Nostra. In the United States, "the Mafia" generally refers to the American Mafia. Other powerful organizations described as mafias include the Russian Mafia, the Chinese Triads, the Albanian Mafia, the Irish Mob, the Japanese Yakuza, the Neapolitan Camorra, the Calabrian 'Ndrangheta, the Indian Mafia, the Unione Corse, Serbian Mafia, and the Bulgarian mafia. There are also a number of localized mafia organizations around the world bearing no link to any specific racial background.

Some criminal organizations, such as terrorist organizations, are politically motivated (see VNSA). Gangs that become "disciplined" enough to be considered "organized". An organized gang or criminal set can also be referred to as a mob. The act of engaging in criminal activity as a structured group is referred to in the United States as racketeering.
 
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Never get so caught up that you are not aware of what you are doing from all angles. You must protect yourself first and foremost.
 
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